Document 6BZ0pyp8XRQeZdQBm71mXo7vg
Eaton Corporation
Five-Year Consolidated Financial Summary
For the year
(Midoris except for per share data)
Net sales Income before income taxes and extraordinary item Income before extraordinary Kern Extraordinary item Net income
Per Common Share Income before extraordinary item Extraordinary item
Net income
Per Common Share-assuming dilution Income before extraordinary item Extraordinary item Net income
Cash dividends paid per Common Share
^_ Capital expenditures Research and development expense
At the year-end Total assets Working capital Long-term debt Shareholders' equity Shareholders' equity per Common Share
1997
1996
1995
1994
1993
$7,563 668
$ 464 (54)
$ 410
$6,961 485
$ 349
$ 349
$6,822 592
$ 399
$ 399
$6,052 488
$ 333
$ 333
$4,401 262
$ 180 (7)
$ 173
$ 6.05 (-71)
$ 534
$ 450 $ 4J50
$ 5.13 $ 5.13
$ 4.40 $ 4.40
$ 257 (.10)
$ 2.47
$ 533 (.69)
$ 524
$ 1.72
$ 4.46
$ 4.46 $ 1.60
$ 508
$ 508 $ 150
$ 435
$ 435 $ 120
$ 255 (.10)
$ 2.45
$ 1.15
$ 438 319
$ 347 267
$ 399 227
$ 267 213
$ 227 154
$5,465 698
1,272 2,071 $27.72
$5,307 787
1,062 2,160 $28.00
$5,053 822
1,084 1,975 $25.45
$4,682 744
1,053 1.680 $21.54
$3,268 679 649
1,105 $15.50
Income In 1997 was Increased by pretax gains of $9f million rotated to the sales of AIL Systems Inc., and the Appliance Controls business ($69 million aftertax, or $.90 per Common Share). Income In 1997 and 1996 was reduced by pretax restructuring charges of $2 minion (SIS million aftertax, or $.19 per Common Share) and SSO minion ($32 million aftertax, or $.41 per Common Share), respectively.
Net Income In 1997was reduced by an $8$ million write-off of purchased in-process research and development, with no income tax benefit, or $1.11 per Common Share.
Net income in 1997 was reduced by a $54 million aftertax extraordinary loss for the redemption of debentures, or $.71 per Common Share.
Results reflect the acquisition of Distribution and Control Business Unit (DC8U) of Westlnghouse Electric Corporation on January 31,1994. Income In 1993 was reduced by a $55 maion acquisition integration charge related to the purchase ol 0C8U ($34 million aftertax, or $.49 per Common Share).
Net income In 1993 was reduced by a $7 million aftertax extraordinary loss for the redemption of debentures, or $.10 per Common Share.
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